Watch out for these penny stocks locked in the upper circuit on December 20

The investor sentiments were hampered by adverse global indications, lingering recession concerns and worry about interest rate increases.

In early trade, the domestic equity indices experienced significant losses. The investor sentiments were hampered by adverse global indications, lingering recession concerns and worry about interest rate increases. 

At 10:58 IST, the barometer index, the S&P BSE Sensex is currently trading in red at 61,204 levels with fall of 602 points. Whereas, the S&P BSE Mid-Cap has seen a decline of 193 points and trades at 25,719 levels. The Small-Cap index too dropped by 97 points and trades at 29,504. 

The Nifty 50 index is trading with decent gains up 76 points, trading at 18,345 levels. Likewise, the Bank Nifty also gained 144 points and is now trading at a level of 43,364. 

On December 20, foreign portfolio investors (FPIs) turned out to be net sellers of shares worth Rs 538.10 crore. While the domestic institutional investors (DIIs) were the net buyers of shares worth 687.38 crore. 

Following is the list of Penny Stocks that got locked in the upper circuit on Tuesday. Keep a close eye on these counters for the upcoming sessions: